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Waterfront Land with Gulf Access
For Sale
$725,000

7242 Bay Crest Road #Lot 1, Southport, FL 32409

Cleared 3.58-acre waterfront lot with Gulf access.

Property SizeContact for details
Days on Market361

Property Features for 7242 Bay Crest Road #Lot 1

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $3,614
Listing Agency: FLORIDA REALTY EXPERTS
Listed By: ISSABELLA C MARSH
Source: Corcoran
Added: Aug 8, 2025 Changed: Mar 16 Last Checked: Mar 16 at 9:09AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of FLORIDA REALTY EXPERTS

Investment Insights

Based on property information with market context.

This 3.58-acre lot on Gainer Bayou in Southport provides deep water, Gulf-access frontage. The property has been cleared and features approximately 216 feet of waterfront along Bay Crest Road, offering direct access to North Bay and the Gulf of Mexico. Zoned R-2 Residential, the parcel supports various residential uses. Paved road access and nearby public utilities, including water and electric, are available; a septic system is needed. There are no HOA or deed restrictions. The zoning allows accessory structures, such as a workshop, garage, or tennis court, to be situated in front of the main residence. The location is 10 minutes from Lynn Haven, 15 minutes to downtown Panama City, 20 minutes to Panama City Beach, 25 minutes from Northwest Florida Beaches International Airport, and 30 minutes to Tyndall Air Force Base. New community additions include the Southport Sports Complex and a Dollar General currently under construction.

Key Highlights

  • Deep water Gulf access waterfront property on Gainer Bayou.
  • Large 3.58‑acre lot with approximately 216 feet of waterfront.
  • Zoned R‑2 Residential, allowing for multiple homes (up to 5, according to the county).

Property Analytics

Current Use

Waterfront Land

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Carpet & Flooring Store Butcher Kitchen & Bath Showroom HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

52
Businesses Nearby

Demographics for 32409, FL

10,394
Population
4,525
Households
2.3
Avg Household Size
42
Median Age
24%
College-Educated
90%
High-School Grad
126.6 sq mi
ZIP Area
82
Density / Sq Mi
$60,687
Median Household Income
$37,278
Median Earnings
$1,097
Median Rent
$221,500
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Waterfront Land - Cleared 3.58-acre waterfront lot with Gulf access.
Where is this waterfront land located?
The property is located at 7242 Bay Crest Road #Lot 1 Southport, FL.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Deep water Gulf access waterfront property on Gainer Bayou.; Large 3.58‑acre lot with approximately 216 feet of waterfront.; Zoned R‑2 Residential, allowing for multiple homes (up to 5, according to the county).
More about this property
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